Dispatch of interim dividend warrants of Pioneer Cement Limited for the period ended December 31, 2013
Karachi: Pioneer Cement Limited informed Karachi Stock Exchange that the interim dividend warrants at Rs. 1.25 per share for the year ended December 31, 2013 have been dispatched. The dispatch to the shareholders has been made through registered post on February 19, 2014.
Pioneer Cement Limited was incorporated in Pakistan as a public limited company by shares on February 09, 1986. The principal activity of the Company is manufacturing and sale of cement. The shares of the company are quoted on Karachi, Lahore and Islamabad Stock Exchanges in Pakistan. The registered office of the company is located in Lahore. The production plant of the company is situated in district Khushab.
The company commenced its operations with an installed capacity of 2,000 tons per day clinker. During 2005, the capacity was optimized to 2,350 tons per day. During the year ended June 30, 2006, another production line of 4,300 tons per day clinker capacity was completed which started commercial operations from April 2006. The company is ISO 14001-2004 and ISO 9001-2008 certified.
The symbol “PIOC” is being used by the stock exchange for the shares of Pioneer Cement Limited.